Export of Shortening from Indonesia
Shortening is categorized under HS code 151800 - Animal or vegetable fats and oils and their fractions; oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils, and the data is presented accordingly.
Export overview
As of 2023, Indonesia ranked #9 in global exports of Shortening. Indonesia accounts for approximately 2.94% of the total global export value of Shortening, with an export value of 243,888,469 USD.
The top countries importing Shortening from Indonesia include World, Netherlands, Singapore, South Korea, Malaysia.
Export trend
Indonesia's export value of Shortening has increased by 203.97% over the past 5 years, rising from 80,234,951 USD in 2019 to 243,888,469 USD in 2023.
The export data for Indonesia Shortening is sourced from UN Comtrade and official Customs databases of various countries. The data is categorized under the Harmonized System (HS) code 151800 - Animal or vegetable fats and oils and their fractions; oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils, which covers a specific classification for Shortening and related products in international trade.
It's important to note that the HS code classification may not always perfectly match the definition of Shortening in certain markets, as HS codes often encompass a broader range of similar products.
Export transactions from 2024
Transactions in this market
1,229
Exporters
34
Importers
56
Major exporters of Indonesia Shortening in 2024
BOSTEX TRADING
Indonesia
SINARMAS AGRIBUSINESS N FOOD
Indonesia
ABLE COMMODITIES INDONESIA
Indonesia
LOUIS DREYFUS COMPANY ASIA PTE LTD12 MARINA BOULEVARDMARINA BAY FINANCIAL CENTRE TOWERNO 3#33 03 SINGAPORE
Indonesia
OLIVIA IMPEX
Indonesia
Major importers of Indonesia Shortening in 2024
AKIJ BAKERS
Bangladesh
BANGLADESH EDIBLE OIL
Bangladesh
PERFECT OIL BIZNES
Uzbekistan
GREEN LAND FOOD
Malawi
A1ENTERPRISES LTD A1 ENTERPRISES
Malawi
Historical export price trends
The export price of Shortening from Indonesia has fluctuated over the past 2 years. In 2023, the price varied between 0.28 USD per kg and 1.98 USD per kg. In 2024, the prices continued to fluctuate, ranging from 0.12 USD per kg to 2 USD per kg.
The export transaction data for Indonesia Shortening is sourced from Bill of Lading (B/L) documents and customs reports. Tridge ensures data accuracy through human oversight and AI, handling missing values, outliers, and standardizing currencies and units. Note that price trends may vary based on country, product variety, or timeframe.
Related markets for Indonesia Shortening
Markets for products in the Oils & Fats category
Discover a wide range of markets in Indonesia for products within the Oils & Fats category.
Markets for products used to produce or made with Shortening
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Shortening markets in other countries
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